Asserted Amount definition
Asserted Amount means the total amount of a Claim asserted by a Holder against any Debtor.
Asserted Amount means, with regard to Avoidance Actions under Sections 547, 548, or 549 of the Bankruptcy Code, the total amount of the transfers sought to be avoided. With regard to other claims, including, without limitation, Retained Actions, Asserted Amount shall mean the gross amount of the claim the Debtor seeks to recover. With regard to Claims, Asserted Amount shall mean the total amount of the Claim sought to be allowed as an Allowed Claim against any Debtor, subject to estimation by the Bankruptcy Court pursuant to Article 7.7.
Asserted Amount means the amount the Purchaser has, in good faith and reasonably, asserted in a written notice (the "Indemnity Notice") delivered to PCN on or prior to December 31, 1999, is due and owing the Purchaser from the Seller pursuant to Section 12.1 of this Agreement; provided, however, that, in order to be effective, the Indemnity Notice shall: (i) contain such facts and information as are then reasonably available to the Purchaser and the specific basis for the indemnification claim under Section 12.1; and (ii) if such amount is (x) liquidated in amount, the Indemnity Notice shall state such amount (which amount shall constitute the Asserted Amount with respect to such claim) or (y) not liquidated in amount, the Indemnity Notice shall so state and provide Purchaser's good faith, reasonable estimate of such amount (which estimate shall constitute the Asserted Amount with respect to such claim).
More Definitions of Asserted Amount
Asserted Amount is defined in Section 2.2(b) of the Agreement.